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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jul 19, 2012 10:38 AM
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Online Reference 1: Selected Economic Indicators

View Economic Indicator Charts
Back to May Financial Report

NOTE: Click on any of the highlighted economic indicator categories to view a chart of the indicator over time or click on the link above to view all economic indicator charts, including some not listed in this table.

      Change on
Previous Year
Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area
(As of May 2012)
-- -- 1.8%
For the United States (As of May 2012) -- -- 1.7%
Core CPI-U (excludes food and energy) -- -- 2.3%
(As of May 2012)
(Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics)
       
  Current Month Prior Month Prior Year
Unemployment Rates      
Alexandria (As of May 2012) 4.2% 4.2% 4.5%
Virginia (As of June 2012) 5.6% 5.6% 6.0%
United States (As of June 2012) 8.2% 8.2% 9.2%
(Source: United States Department of Labor, Bureau of Labor Statistics)
       
  Current Quarter Prior Quarter Prior Year
Office Vacancy Rates      
Alexandria 14.4% 13.9% 12.1%
Northern Virginia 13.9% 13.3% 12.9%
Washington DC Metro Area 12.2% 11.7% 11.5%
(As of 1st quarter 2012)
(Source: CoStar)
     
       
  Current Year Prior Year Change on
Previous Year
New Business Licenses
3 month trailing average
72 68 5.9%
(As of June 2012)
(Source: Finance Department)
       
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of May 2012)
 
Number of New Building Permits 3 4 -25.0%
Value of New Building Permits
($ millions)
$30.1 $7.2 318.1%
(Source: Office of Code Administration)
       
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of May 2012)
   
Number of New Building Permits 61 58 5.2%
Value of New Building Permits
($ millions)
$123.7 $40.0 209.3%
(Source: Office of Code Administration)
   
       
Residential Real Estate Indicators
(Calendar YTD ending May 2012)
     
Residential Dwelling Units Sold 758 686 10.5%
Median Residential Sales Price
(As of May 2012)
$531,000 $493,000 7.7%
(Source: Department of Real Estate Assessments)
       
Foreclosures
3 month trailing Average
67 57 17.5%
(As of May 2012)
(Source: Department of Real Estate Assessments)

301 King St.
Alexandria, VA 22314
703.746.3900
Fax: 703.838.4987
E-mail

Office Hours:
Monday - Friday
8 a.m. - 5 p.m.